Surplus Payment definition

Surplus Payment means a payment of Surplus by the Company pursuant to clause [36] of the Agreement
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Surplus Payment means the payment of a Surplus or Surpluses by Project Co to the Authority pursuant to Clause 36 (Payment of Surpluses and Compliance with NPD Requirements);
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Surplus Payment means the amount by which the Approved
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Examples of Surplus Payment in a sentence

  • The Transmission Owner responsible, as determined pursuant to Section 20.2.4.4, for a Qualifying DAM Outage or Qualifying DAM Return-to-Service shall be allocated an O/R-t-S Congestion Rent Shortfall Charge or an O/R-t-S Congestion Rent Surplus Payment pursuant to Sections 20.2.4.2.2 or 20.2.4.2.3.20.2.4.2.1.1 Definition of Qualifying DAM Outage A “Qualifying DAM Outage” shall be defined to mean either an Actual Qualifying DAM Outage or a Deemed Qualifying DAM Outage.

  • The Transmission Owner responsible, as determined pursuant to Section 20.2.4.4, for a Qualifying DAM Outage or Qualifying DAM Return-to-Service shall be allocated an O/R-t-S Congestion Rent Shortfall Charge or an O/R-t-S Congestion Rent Surplus Payment pursuant to Sections 20.2.4.2.2 or 20.2.4.2.3. 20.2.4.2.1.1 Definition of Qualifying DAM Outage A “Qualifying DAM Outage” shall be defined to mean either an Actual Qualifying DAM Outage or a Deemed Qualifying DAM Outage.

  • The Transmission Owner responsible, as determined pursuant to Section 20.2.4.4, for a Qualifying DAM Outage or Qualifying DAM Return-to-Service shall be allocated an O/R-t-S Congestion Rent Shortfall Charge or an O/R-t-S Congestion Rent Surplus Payment pursuant to Sections 20.2.4.2.2 or 20.2.4.2.3. 20.2.4.2.1.1 Definition of Qualifying DAM Outage A “Qualifying DAM Outage” shall be defined to mean either an Actual QualifyingDAM Outage or a Deemed Qualifying DAM Outage.

  • The determination of the Working Capital Payment or the Surplus Payment, as the case may be, shall be made by the Buyer and the Sellers' Representatives immediately following the final determination of the Final Closing Statement.

  • The Surplus Payment, if any, shall be paid in cash by the Buyer to the Sellers within ten (10) days of the final determination of the Final Closing Statement.

  • As soon as reasonably practicable following the determination of the Surplus, the Company shall calculate the Surplus Payment Percentage.

  • Other Items Marginal Line Loss Surplus Payment Reallocation Between July 17, 2012, and July 20, 2012, fourteen companies defaulted on payment obligations totaling $28 million, net of collateral held by PJM.

  • If the Net Working Capital as reflected on the Final Closing Statement is greater than the Estimated Net Working Capital (the amount of such excess is hereinafter referred to as the "Working Capital Surplus"), the Buyer shall pay the Sellers, on a dollar for dollar basis, pro rata according to each Seller's Seller's Percentage, an amount equal to the Working Capital Surplus (such payment shall be hereinafter referred to as a "Surplus Payment").

  • On the Adjustment Reserve Surplus Payment Date with respect to a Purchased Receivable for which there is an Adjustment Reserve Surplus, the Purchaser shall pay to the applicable Seller an amount equal to such Adjustment Reserve Surplus for such Purchased Receivable (which amount, in the discretion of the Purchaser, may be set off against the Collections delivered to the Purchaser with respect to such Purchased Receivable).

  • A payment may only be made if it is an Authorised Surplus Payment as described in Section 177 of the FA 2004.


More Definitions of Surplus Payment

Surplus Payment has the meaning set forth in §2(g)(vi) below.
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Surplus Payment. As defined in Section 6.6(b) hereof.
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Surplus Payment means an amount equal to (a) the Pension Surplus as calculated as at the Closing Date and based on assumptions reflecting market conditions as at the last day of the month ending immediately prior to the Closing Date (provided that if the Closing Date is the last date of a calendar month, such assumptions will be as at the Closing Date), multiplied by (b) the Attributable Interest.
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Related to Surplus Payment

  • Surplus Amount means [***].

  • Surplus Cash means, with respect to any period, any revenues of Borrower remaining after paying, or setting aside funds for paying, all the following:

  • Surplus Fund means the fund by that name established pursuant to the Second Resolution.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Surplus Trees means all trees designated for cutting.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Payment Amount as defined in Section 3.5.

  • Debit Payment means a particular transaction where a debit is made.

  • Cash Exchange Payment means with respect to a particular Call Exchange for which the Corporation has elected to make a Cash Exchange Payment in accordance with SECTION 2.1 of this Agreement or a particular Put Exchange for which the Shareholder has elected to receive a Cash Exchange Payment (and such Cash Exchange Payment is capable of being made) in accordance with SECTION 2.2 of this Agreement:

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Cash Receipts means all cash receipts of the Company from whatever source derived, including without limitation capital contributions made by the Member(s); the proceeds of any sale, exchange, condemnation or other disposition of all or any part of the assets of the Company; the proceeds of any loan to the Company; the proceeds of any mortgage or refinancing of any mortgage on all or any part of the assets of the Company; the proceeds of any insurance policy for fire or other casualty damage payable to the Company; and the proceeds from the liquidation of assets of the Company following termination.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero: